Exclusive: Regentsmead launches speedy online portal

Exclusive: Regentsmead launches speedy online portal




Regentsmead has launched an online portal to speed up its loan application process….

Regentsmead has launched an online portal to speed up its loan application process.

 The system, which complements the lender’s new website, allows clients to submit an application and have it approved in minutes.

James Bloom, Chief Executive at Regentsmead, said: “The only slow part of the process is usually waiting for the client to fill in our very brief application form, scan it in and return it to us.” 

“Now we have managed to cut this time down which should supplement the immediate response we give on applications, meaning funds can be in our client’s account even quicker.

“As a ubiquitous part of the industry we find it paramount to lead the way in terms of standards and innovation and we continue to think of new ways to help improve our systems.”

James added that recent research had been the driving force for the new portal.

He said that developers were put off by the amount of paperwork that came with loan applications and so Regentsmead had tackled the issue “head on”.

Having been trialled for some time and received positive feedback from existing developers, the portal is now being rolled out to the whole market.

 Read more about Regentsmead's development finance case studies here.

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